Trade The Bank of East Asia Limited - 0023 CFD

Trading Conditions

• Spread: 0.31
• Long position overnight feeLong position overnight feeMargin. Your investmentHK$1,000.00Overnight feeCharges from full value of position-0.021963 %(-HK$0.88)Trade size with leverage ~ HK$5,000.00Short position overnight fee ~ HK$4,000.00Go to platform: -0.021963%
• Short position overnight feeShort position overnight feeMargin. Your investmentHK$1,000.00Overnight feeCharges from full value of position0.000045 %(HK$0.00)Trade size with leverage ~ HK$5,000.00Short position overnight fee ~ HK$4,000.00Go to platform: 0.000045%
• Overnight fee time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: Hong Kong
• Commission on trade: 0%

• Margin. Your investment: HK$1,000.00
• Overnight feeCharges from full value of position: -0.021963 %
  (-HK$0.88)

• Margin. Your investment: HK$1,000.00
• Overnight feeCharges from full value of position: 0.000045 %
  (HK$0.00)

Key Stats

• Prev. Close: 9.29
• Open: 9.38
• 1-Year Change: -5.44%
• Day's Range: 9.38 - 9.57

Bank of East Asia Company profile

About Bank of East Asia Ltd

The Bank of East Asia, Limited is a company mainly engaged in the banking business. Along with subsidiaries, it operates its business through nine segments: the China Operations segment, the Personal Banking segment, the Corporate Banking segment, the Overseas Operations segment, the Wealth Management segment, the Treasury Markets segment, the Financial Institutions segment, the Other Hong Kong Banking Operations segment, the Corporate Services segment, and the Other Businesses segment. The China Operations segment is involved in the operation of the back office unit for China operations in Hong Kong, all branches, subsidiaries and associates operated in China. The Personal Banking segment is involved in branch operations, personal internet banking, consumer finance, property loans and credit card business in Hong Kong. The Corporate Banking segment is engaged in corporate lending and loan syndication, asset based lending, commercial lending and securities lending in Hong Kong.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Bank of East Asia Ltd interest income decreased 14% to HK$18.06B. Net interest income after loan loss provision increased 39% to HK$9.51B. Net income applicable to common stockholders increased 58% to HK$4.46B. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities.

Equity composition

03/2009, Scrip Issue, 1 new share for every 10 shares held